PPP Loan information for Magna chek

$172,877

Magna chek was initially approved for PPP Loan of amount $172,877, the current approved amount is $172,877. The loan was approved on 03/16/2021 by The The Huntington National Bank reported 13 jobs and $172,877 was used to fund payroll.

Magna chek is Existing or more than 2 years old

PPP Loan Search / MI / Madison Heights / Magna chek

MAGNA CHEK

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGNA CHEK

Borrower Address

32701 Edward Ave

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-1422

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172877.00

Current Approval Amount

172877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1422

CD

MI-11

Jobs Reported

13

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

172874.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173795.85

Forgiveness Date

09/29/2021

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